{"id":599,"date":"2026-01-01T02:45:00","date_gmt":"2026-01-01T02:45:00","guid":{"rendered":"https:\/\/analystprep.com\/study-notes\/?p=599"},"modified":"2026-03-02T08:37:11","modified_gmt":"2026-03-02T08:37:11","slug":"market-risk-measurement-and-management","status":"publish","type":"post","link":"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/current-issues-in-financial-markets\/frm-part-2\/market-risk-measurement-and-management\/","title":{"rendered":"Market Risk Measurement and Management"},"content":{"rendered":"<p>1.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/estimating-market-risk-measures\/\">Estimating Market Risk Measures<\/a><br \/>\n2.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/non-parametric-approaches\/\">Non-Parametric Approaches<br \/>\n<\/a>3.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/operational-and-integrated-risk-management\/parametric-approaches-ii-extreme-value\/\">Parametric Approaches (II): Extreme Value<\/a><br \/>\n4.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/backtesting-var\/\">Backtesting VaR<\/a><br \/>\n5.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/var-mapping\/\">VaR Mapping<\/a><br \/>\n6.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/message-from-the-academic-literature-on-risk-management-for-the-trading-book\/\">Messages from the Academic Literature on Risk Management for the Trading Book<\/a><br \/>\n7.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/some-correlation-basics-properties-motivation-terminologies\/\">Some Correlation Basics: Properties, Motivation, Terminology<\/a><br \/>\n8.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/empirical-properties-of-correlation\/\">Empirical Properties of Correlation: How Do Correlations Behave in the Real World?<\/a><br \/>\n9.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/financial-correlation-modeling-bottom-up-approaches\/\">Financial Correlation Modeling &#8211; Bottom-Up Approaches<\/a><br \/>\n10.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/empirical-approaches-to-risk-metrics-and-hedging\/\">Empirical Approaches to Risk Metrics and Hedging<\/a><br \/>\n11.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/the-science-of-term-structure-models\/\">The Science of Term Structure Models<\/a><br \/>\n12.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/the-evolution-of-short-rates-and-the-shape-of-the-term-structure\/\">The Evolution of Short Rates and the Shape of the Term Structure<\/a><br \/>\n13.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/the-art-of-term-structure-models-drift\/\">The Art of Term Structure Models: Drift<\/a><br \/>\n14.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/the-art-of-term-structure-models-volatility-and-distribution\/\">The Art of Term Structure Models: Volatility and Distribution<\/a><br \/>\n15.\u00a0<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/volatility-smiles\/\">Volatility Smiles<\/a><br \/>\n16.<a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/market-risk-measurement-and-management\/volatility-smiles\/\">\u00a0<\/a><a href=\"https:\/\/analystprep.com\/study-notes\/frm\/part-2\/operational-and-integrated-risk-management\/fundamental-review-of-the-trading-book-frtb\/\">Fundamental Review of the Trading Book<\/a><\/p>\n\n            <div \n                class=\"elfsight-widget-pricing-table elfsight-widget\" \n                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Correlations&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[575,10],"tags":[],"class_list":["post-599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-frm-part-2","category-market-risk-measurement-and-management","blog-post","animate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Market Risk Measurement | FRM Part 2<\/title>\n<meta name=\"description\" content=\"Study FRM Part 2 market risk measurement and management, including VaR models, stress testing, backtesting, and risk capital frameworks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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